237 County Road 2565 Walnut Springs, TX 76690
LAND - Walnut Springs, TX
- Added:
- May 20, 2026
- Days on Market:
- 52
- Last Refresh:
- Jul 10 at 11:06 am
Property Features for 237 County Road 2565
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- R11622
- Lot size
- 16.27 Acres
Taxes and HOA fees
- Tax Description
- REV. ROSS MCLENNAN SURVEY SUB BLOCK I,J,N
- Tax Annual Amount
- 2058
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2022
Listing agent Travis Moore License #634921 (214) 814-8100
Listing office Compass RE Texas, LLC. Dallas, TX (214) 814-8100
Listing date May 20, 2026
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Access is gated, and the parcel includes a pond intended for recreation. The sellers indicate that the plans and renderings are attached to the MLS listing, along with additional images to follow. Downtown Walnut Springs is described as about three minutes away, and Glen Rose is described as a roughly 15-minute drive.
For buyers looking for a private retreat or a distinctive redevelopment project, this is an opportunity to finish a container home using materials already on site. The property’s existing utility connections, planned home placement, and recreational pond make it well suited for those who want to control the final design and layout. A 2001 Fleetwood Bounder RV is included with the purchase, providing a comfortable option for temporary stays while completing the build.
Key Highlights
- Custom container home project with 3,010 SF of living space planned upon completion (plans/ renderings attached).
- 16.2 acres in Walnut Springs with gated access and a pond on the property.
- City services already brought to the property, including electricity and public sanitary waste disposal (public water and public sewer).
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.0k | $15.96 |
| − Vacancy | −$4.4k | −$1.47 |
| EGI | $43.6k | $14.49 |
| − OpEx | −$19.6k | −$6.52 |
| NOI | $24.0k | $7.97 |